Join our community of smart investors

CLS directors boost holdings

Shares in the office landlord have rallied since news of successful vaccines in November
CLS directors boost holdings
  • Chief executive and chief financial officer have purchased a combined £152,000 in shares
  • The shares trade at a sharp discount to NAV reflecting caution around new lettings and occupancy levels

Concerns surrounding how many companies will make a permanent shift to home- or hybrid-working post-pandemic has caused shares in London-listed office landlords to trade at sizeable discounts to net asset value. For CLS (CLI), that gap stands at 27 per cent versus NAV at the end of December. 

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in